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Road-and-bridge levy falls below 10'cent threshold; general fund transfers required to maintain 10'cent rate
Summary
Staff presented road-and-bridge tax calculations showing the no-new-revenue and voter-approved scenarios and explained that transfers from the general fund will be required to hold the road tax at the statutory 10'cent level; commissioners reviewed precinct allocations and net increases.
Budget staff told commissioners the road-and-bridge property-tax levy under the no-new-revenue calculation would decline below the statutory 10-cent target and that general-fund transfers will be required to restore the levy to 10 cents per $100 valuation. Staff displayed worksheets showing a small net increase in road revenues under the voter-approved scenario but explained how the shift in assessed values means the county must transfer funds to make the levy whole.
Why it matters: the county sets the road-and-bridge levy at 10 cents but…
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